SMMEs serving critical infrastructure and global corporations, as well as those in regulated industries such as insurance, healthcare, banking, and credit monitoring, are particularly vulnerable.
The rep claimed he never meant to harm the FSP, but the FST found his actions violated the FAIS Act and demonstrated a lack of integrity.
Leveraging the Model Law on Cross-Border Insolvency, the liquidators co-ordinated with courts in the US, UK, and Australia, setting a precedent for future international crypto claims.
The FST orders the FSCA to reconsider key decisions regarding the Municipal Employees Pension Fund, saying the regulator overstepped its authority.
The Authority has issued a request for up-to-date information on trustees so it can check whether they are compliant.
Key achievements include the creation of the National Financial Ombud Scheme and the new FAIS Ombud Rules.
Bestmed says that rand for rand its benefit options will remain competitive despite the proposed average increase of 12.75%.
The adviser said she shared the client information to prove her remuneration when applying for a job with a competitor.
Funds made different calls on the conditions for the exclusion of provident preservation fund members and the seeding date for members who opt in.
Spruyt Inc says the Fund’s claims of cruelty and misconduct are a reaction to its relentless pursuit of overdue payments for its indigent clients.
The Consumer Protection Act requires suppliers to perform services in a manner that meets the reasonable expectations of consumers.
The SA Retirement Annuity Fund is looking to the Supreme Court of Appeal to overturn a High Court decision in favour of the Pension Funds Adjudicator.
Among other measures, SARS says it is engaging with the FSCA about providing information on registered crypto asset service providers.
The Authority has agreed to reconsider the penalties it imposed on ‘Coenie’ Botha, the founder of Coin Based Innovation Global.
FSPs have a statutory obligation to combat exam fraud by verifying certificates directly with Moonstone or the FSCA.
ASISA advises consumers to take a holistic view of their finances and avoid hasty decisions that could leave them unprotected.
The Financial Intelligence Centre’s sector final risk assessment report for crypto asset service providers is set to be published in the new financial year.
